Openness to trade and industry cost dispersion: Evidence from a panel of Italian firms

被引:22
作者
Del Gatto, Massimo [1 ]
Ottaviano, Gianmarco I. P. [2 ]
Pagnini, Marcello [3 ]
机构
[1] Univ Cagliari, Fac Sci Polit, Dipartimento Ric Econ & Sociali, I-09123 Cagliari, Italy
[2] Univ Bologna, Dipartimento Sci Econ, I-40126 Bologna, Italy
[3] Bologna Main Branch, Bank Italy, Econ Res Unit, I-40124 Bologna, Italy
关键词
D O I
10.1111/j.1467-9787.2008.00546.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
We use Italian firm-level data to investigate the impact of trade openness on the distribution of firms across marginal cost levels. In so doing, we implement a procedure that allows us to control not only for the standard transmission bias identified in firm-level TFP regressions but also for the omitted price bias due to imperfect competition. We find that more open industries are characterized by a smaller dispersion of costs across active firms. Moreover, in those industries the average cost is also smaller.
引用
收藏
页码:97 / 129
页数:33
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